704.030. Material that in good faith is about to be applied to the repair or improvement of a residence is exempt if the equity in the material does not exceed two thousand four hundred twenty-five dollars ($2,425) in the following cases:
(a) If purchased in good faith for use in the repair or improvement of the judgment debtor s principal place of residence.
(b) Where the judgment debtor and the judgment debtor s spouse live separate and apart, if purchased in good faith for use in the repair or improvement of the spouse s principal place of residence.
(Amended by Stats. 2003, Ch. 379, Sec. 6. Effective January 1, 2004.)Section: Previous 704.010 704.020 704.030 704.040 704.050 704.060 704.070 704.080 704.090 704.100 704.110 704.113 704.114 704.115 704.120 Next
Last modified: September 9, 2016